This webpage presents all the basics of U.S. poverty in a summarized format .
13.5% of the U.S. population is “in poverty”.
Probably less than 3% are actually “living in poverty”.
A person is "in poverty" if their income is less than the Poverty Threshold. Fewer people live in poverty because U.S. welfare programs pay enough benefits to raise them out of poverty. Those living in poverty do not participate in the complex welfare system often because of poor education, disability, mental illness or addiction to drugs or alcohol.
U.S. Poverty Threshold
Each year the Census Bureau establishes a poverty threshold – sometimes called the poverty line. An individual or family with annual income below the threshold is considered as being “in poverty”. More
Historic Poverty Level
Poverty has hovered at between 12% – 15% of the U.S. population for the last 45 years. The poverty level has remained persistently flat even though the cost of fighting it has increased from $421 per person in poverty in 1960 to $16,497 in 2015.
A "living wage" is argued to be 150% to 200% of the poverty threshold. The living wage gap in the United States is approximately $700 billion. More
U.S. poverty compared to world poverty
Poverty in the third world is measured generally at living on less than $1.00 a day. In the U.S. it is measured at living on less than $31 dollars a day. More
U.S. Poverty Statistics
The poverty rate in 2015 for:
Adults not working 32%
Single moms - 28%
Black Americans - 24%
Hispanic Americans - 21%
All Children - 20%,
Single dads - 15%
All Americans – 13.5%
Seniors - 9%
Married couples - 5%
Full time working adults - 2%
U.S. Poverty Gap
The annual household income necessary to raise a person or family out of poverty is the Poverty Gap. To raise all Americans out of poverty in 2014 the Poverty Gap totaled $190 billion. We spent $361 billion on welfare that year. Where did it all go? More
from Mother Teresa, Bill Clinton, Ronald Reagan, Milton Friedman, FDR, Martin Luther King, Benjamin Franklin and others.